These are external links and will open in a new windowFood delivery service Just Eat has confirmed it is in talks to be taken over by Dutch company Takeaway.com.A statement released by Just Eat said: "The possible combination may be implemented by way of an offer for Just Eat by Takeaway.com. Just Eat Takeaway is itself the result of a recent merger between British service Just Eat … The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. "We have just come through a challenging period but were proud of the role we could play in helping to ensure that hundreds of independent outlets, as well as our long-established partner restaurants, continued to have a route to market during what was an unprecedented time. The market did not like the news, and neither should you. A Dutch food delivery juggernaut is set to acquire Just Eat for £5.9 billion. "We are now part of a global brand with consistency wherever you encounter our business in any one of the 24 countries where Just Eat Takeaway.com has a presence. Takeaway.com said Just Eat shareholders holding 80.4% of the company’s voting rights had accepted its all-share merger offer, which it upped to an offer worth 916p a share just … JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding. That ambition took a major blow on Friday. We do not allow any commercial relationship to affect our editorial independence. This merger does not bode with the vision of Just Eat Takeaway. We do not write articles to promote products. That investment has been blocked for now by the competition watchdog, pending an inquiry.Just Eat said in its statement on Saturday there was "no certainty" that any transaction would take place.It added: "A further announcement will be made if and when appropriate. Grubhub shareholders were offered 0.671 ordinary shares in JET for each Grubhub share they own in this all-stock acquisition. These ads use cookies, but not for personalisation.You can change your choice at any time in our privacy policy. Underlying earnings were up 6% to £173.9m in the year to 31 December.Meanwhile pre-tax profits were £101.7m, compared with a £76m loss in 2017.Just Eat is considered by analysts to have a market leading position in the UK food courier business, particularly given its strength in smaller towns.Just Eat's half yearly financial results are due on Wednesday, 31 July. Just Eat's £6.2billion tie-up with Takeaway.com has been cleared by the competition watchdog.The online food delivery firm's merger with the Dutch group got the go-ahead from the Competition and Markets Authority (CMA), who was 'satisfied there are no competition concerns' after its probe of the deal.The watchdog had been worried the deal could have impacted competition in the market, particularly if Amsterdam-based Takeaway would have otherwise re-entered the UK food delivery sector, giving people more choice against Just Eat and similar rivals such as Uber Eats and Deliveroo.Just Eat's merger with the Dutch group got the go-ahead from the Competition and Markets Authority, who was 'satisfied there are no competition concerns' after its probe of the dealBut its investigation found there was 'not a material likelihood' that Takeaway would have re-entered the UK in the future, had the merger not gone ahead.Colin Raftery, senior director of mergers at the CMA, said: 'After interrogating how this deal is likely to affect the UK market, we are satisfied that there are no competition concerns. It employs 3,600 staff globally, As well as the Just Eat brand in Europe, it trades as Skip The Dishes in Canada, iFood in Mexico and Brazil, and Menulog in Australia and New Zealand.A merger would create a company with 40 million customers across 20 countries.Just Eat is listed on the FTSE 100 stock exchange in London, where its shares closed up 2% on Friday, at 635 pence.The firm saw its group revenue grow by 43% in 2018 to £779.5m.

Based on current market value, Just Eat and Takeaway.com would have combined worth of roughly £9bn ($11bn). For advertising contact Our partners will collect data and use cookies for ad personalisation and measurement.You can change your choice at any time in our privacy policy.You may see ads that are less relevant to you. Shares of Tesla Inc. dropped 6.7% in premarket trading Thursday, as the correction from its post-stock-split record close earlier this week looks set to extend to a third-straight session. 'I'm earning a third of what I was but have a new lease of life': Engineer who lost his job due to Covid is now helping the vulnerable as a Morrisons driverIt's reward time!

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